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by bombcar 1370 days ago
Yeah, but don’t forget to take in all variables (total cost of ownership as it were) - the mortgage is one factor, taxes, schools, commute all play into it.

Moving to a more expensive monthly payment in a school district where you don’t need to send kids to private school to get a good education can save thousands of dollars, for example.

But I know how it is. I had an underwater house in CA for 10+ years before I could refinance.